Enterprise security company Shape Security has raised $40 million in Series C funding led by Norwest Venture Partners. Existing investors, Kleiner Perkins Caufield & Byers, Venrock, Google Ventures, TomorrowVentures and Allegis Capital also participated in this round, along with Sierra Ventures.

Cloud-based SaaS payroll provider ZenPayroll has raised a $20 million Series A funding round from General Catalyst Partners and Kleiner Perkins Caufield & Byers. In the past fourteen months since its public launch, ZenPayroll says it has processed hundreds of millions of dollars in payroll.

Duolingo has raised $20 million in a Series C round of funding round led by Kleiner Perkins Caufield & Byers. Duolingo is an online social platform that teaches users a new language while they simultaneously translate content across the Web. Dr. Luis von Ahn, a computer science professor at Carnegie Mellon University, co-founded Duolingo with his PhD student Severin Hacker in 2011.

Remind101, a free communication platform built for teachers, has raised $15 million in Series B financing led by Kleiner Perkins Caulfield & Byers. The round includes participation from previous investors including the Social + Capital Partnership and First Round Capital. KPCB general partner John Doerr has joined the Remind101 board.

Online home decor retailer One Kings Lane has raised $112 million. Investors in the round include Mousse Partners and Fidelity, along with existing investors Scripps Networks Interactive, Kleiner...